Elections 2016

January 24, 2012 8:50 AM

Romney's tax data illustrates debate over fair rates

Mitt Romney reported owing $6.2 million in federal taxes on $42.5 million in income over the last two years, according to documents the Republican presidential contender's campaign released Tuesday that play into the emerging debate over fairness in the tax code. There were no major surprises in more than 500 pages of documents released under pressure after Romney’s defeat in Saturday’s South Carolina primary, where his lack of clarity about his taxes bothered voters.

Related content

Comments

Videos

More Videos

Kasich and Cruz just cleared a path for Trump to be the Republican nominee 04:46

Kasich and Cruz just cleared a path for Trump to be the Republican nominee

Campaign Ad: John Kasich calls himself 'Our Only Hope' 01:31

Campaign Ad: John Kasich calls himself 'Our Only Hope'

Obama's last White House Correspondents' Association Dinner speech 32:40

Obama's last White House Correspondents' Association Dinner speech

Can Cruz + Kasich really stop Trump? 01:24

Can Cruz + Kasich really stop Trump?

Is Trump falling apart as he nears the finish line? 01:53

Is Trump falling apart as he nears the finish line?

Can the Democrats unite at the July convention? 01:12

Can the Democrats unite at the July convention?

GOP voters: No new candidates should be introduced at the convention 01:52

GOP voters: No new candidates should be introduced at the convention

Republicans: Trump should be nominated if he has delegate majority 01:17

Republicans: Trump should be nominated if he has delegate majority

Anonymous declares ‘total war’ on Donald Trump 02:00

Anonymous declares ‘total war’ on Donald Trump

Three takeaways from the March 15 primaries 01:54

Three takeaways from the March 15 primaries

Putting Trump's protests in perspective 01:32

Putting Trump's protests in perspective

Share Video

Politics & Government Videos